If Girard Don, the Owner of Girard's Software Proprietorship, Uses

question 31

Multiple Choice

If Girard Don, the owner of Girard's Software proprietorship, uses cash of the business to purchase a personal computer, the business should record this use of cash with anentry to:

• A)Debit Salary Expense and credit Cash.
• B)Debit Cash and credit Girard Don, Withdrawals.
• C)Debit Girard Don, Withdrawals and credit Cash.
• D)Debit Girard Don, Salary and credit Cash.
• E)Debit Girard Don, Capital and credit Cash.

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Definitions:

Transformational Leadership

A leadership style that inspires positive change in followers, with leaders focusing on transforming others to help each other, to look out for each other, and to be encouraging and harmonious.

Transactional Leadership

Leadership that is based on a straightforward exchange relationship between the leader and the followers.

Servant Leadership

A form of leadership that involves going beyond one’s own self-interests and having a genuine concern to serve others and a motivation to lead.

Transformational Leadership

A leadership approach that causes change in individuals and social systems, inspiring followers to exceed their own interests.